Latest Homeowners Headlines
All the headlines from our Homeowners Topic Page, ordered by recency.
Fla. Legislature Approves Refunds, Slates Special January Sessions
Jan 3 2005 // Florida’s storm-ravaged hurricane victims made top-of-the page headlines in newspapers and were interviewed “Live at Five” on television news broadcasts during mid-December as the Florida Legislature met...
COUNTRYWIDE CUTTING HOMEOWNERS RATES:
Jan 3 2005 // Countrywide Insurance Group’s Texas subsidiary Balboa Lloyds Insurance Company, is lowering its rates on homeowners insurance by an average of 20 percent in Texas, the company said. The coverage will be offered...
2003-2004 California Year-End Legislative Repo
Jan 3 2005 // A summary of the most important legislation affecting the industry in the New Year The historic recall of Gray Davis and election of Arnold Schwarzenegger as governor of California set the tone for the 2004 legislative...
Inability to Cash Checks Frustrates Fla. Homeowners; Some Repairs at a Standstill
Dec 29 2004 // Although insurance checks have been cut Florida homeowners are now calling the state’s storm victim hotline to complain because they can not get the money without two signatures. Tom Gallagher, Chief Financial...
IIAT SAYS HOMEOWNERS RATES DOWN:
Dec 20 2004 // Homeowners who buy insurance from independent insurance agents in Texas should be seeing lower premiums and better coverages, according to a survey conducted by the Independent Insurance Agents of Texas of its 1,800-member...
Homeowners Insurers Reverse the ‘Curse’ … for Now
Dec 20 2004 // After two decades of poor financial results, the homeowners line is finally in the “sweet spot,” according to a new study by Conning Research and Consulting Inc. The Conning Research study, “Homeowners...
HOMEOWNER PREMIUMS TO RISE:
Dec 20 2004 // Florida homeowners can expect an 8.3 percent statewide increase in the cost of homeowner’s insurance according to Bob Lotane, spokesman for the Florida Office of Insurance Regulation. He said worst hit areas will...
Louisiana: The Best Defense is a Good Offense
Dec 20 2004 // Louisiana went on the offensive in 2004 with a campaign to tell insurers and other commercial operations that the state is “open for business.” The Professional Insurance Agents of Louisiana (PIA Louisiana),...
High Value Homeowners
Dec 20 2004 // Nuts & Bolts: Abram Interstate Ins. Services is offering a new upscale homeowners market. Water back-up provided up to $25,000 without charge. Ten percent ordinance and law coverage automatically included. All risk...
Looking Back on ’04: The Most Talked-About Stories in the Western Region
Dec 20 2004 // The year 2004 saw a little bit of everything across the Western Region. Workers’ comp, homeowners, med-mal, and even insurance fraud topped the list of the most talked about stories. We compiled these recaps based on...
PCI Praises Flex-Rating Law for Reducing S.C. Homeowner’s Rates
Dec 17 2004 // South Carolina’s new flex-rating law for personal lines property insurance is already helping to bring lower premiums to many homeowners, according to the Property Casualty Insurers Association of America...
Fla. Legislators Unanimously Approve Hurricane Victim Assistance Package
Dec 16 2004 // A half-billion-dollar aid package, including property and sales tax rebates to reimburse residents who had to pay more than one hurricane deductible, was approved by the Florida Legislature before it adjourned today. The...
Countrywide Lowering Homeowners Rates in Texas
Dec 16 2004 // Countrywide Insurance Group (CIG) announced that its Texas insurance entity, Balboa Lloyds Insurance Company, has voluntarily lowered its rates on homeowners insurance by an average of 20 percent in Texas. This homeowners...
HSB Unveils Identity Recovery Coverage for Insurers Serving Home Owners, Small Business Market
Dec 15 2004 // The Hartford Steam Boiler Inspection and Insurance Company (HSB) is now offering to insurers identity recovery coverage that combines identity theft insurance with services that help victims restore their credit history...
Insurance Proposals Stalled in Fla. Legislature
Dec 14 2004 // Two plans, one to reimburse homeowners hit by multiple hurricanes, and the second to charge only one deductible per hurricane season, stalled in debate yesterday during special sessions of the Florida Legislature as...
Multiple Deductibles Among Key Issues Being Discussed By Florida Legislators
Dec 13 2004 // Major insurance issues are on this week’s Florida Legislature agenda in Tallahassee. In long-awaited special sessions, which begin today, even if legislators stick to key issues, it remains to be seen how much they...
N.Y. Moves Against Balboa Insurance Co.’s Handling of Homes Served by Volunteer Firefighters
Dec 9 2004 // New York Superintendent of Insurance Gregory V. Serio announced that the Balboa Insurance Company has agreed to initiate immediately training for all of their company’s underwriters in the wake of an on-going New...
Montemayor Issues Statement on Farmers Settlement
Dec 7 2004 // Texas Insurance Commissioner José Montemayor released the following statement on the state’s settlement agreement with Farmers Insurance Company on homeowners rate reductions: “I have reached an agreement with...
Fla. Cabinet Extends Moratorium to Dec. 31, But Only for Unrepaired Homes
Dec 6 2004 // Florida Gov. Jeb Bush and members of the Florida Cabinet approved an emergency rule extending the moratorium to Dec. 31 and banning insurance companies from canceling or non-renewing insurance policies for victims whose...
N.C. HOMEOWNERS DISPUTE CLAIM DENIAL, HIRE LAWYERS:
Dec 6 2004 // Six residents in Peeks Creek, N.C., where four people died in what is suspected to be a Hurricane Ivan-triggered landslide, have hired lawyers to represent them after being denied insurance claims. Fifteen houses were...
